Financial results are the leadership metric that gets the most attention, but here’s what the ‘total package’ of leadership results looks like. ‘What a great job he’s done!’ ‘She must be one of the best CEOs in the industry!’ “We’re lucky he agreed to come on board when he did!” You’ve heard remarks like that before and maybe uttered the same a few times yourself, but what inspires us to say such things? It could be because a highly skilled leader took the helm and set an enterprise back on course, it could be because an executive led a business to new heights and of course, it could be that an individual transformed a great idea into a thriving fast-track startup.
Do they all have leadership attributes in common? You bet! Money is the most attention-getting measure of their leadership, you know, metrics like profits/profitability, growth, share price, shareholder equity and more. All are important, some critical; dollars are the first way to keep ‘score.’ But, because of the influence they have on the sustainability of an enterprise, other leadership results deserve equal weight. Some are penned more often than others; here are but a few of those results that I admire most.
I’ve been inside well over one hundred enterprises. Most all were focused on the metrics but also pursed the ‘total package’ leadership results listed above. From both my observation and my personal experience, doing so is not always easy, but doing so almost inevitably improves the ‘score!’ Adverse economic conditions, predatory competitors and changing market dynamics can all distract, and when they do, is it worth it to stay the course? Customers, employees and shareholders would likely agree…an ecumenical approach to leadership has its own rewards.
By Fred Engelfried
Source: Chief Executive
Author believes that a more precise understanding of what exactly gives someone good judgment may make it possible for people to learn and improve on it. He interviewed CEOs at a range of companies, along with leaders in various professions. As a result, he has identified six key elements that collectively constitute good judgment: learning, trust, experience, detachment, options, and delivery.
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We’re kickstarting 2023 with exciting news for Borderless as we welcome Agnieszka Ogonowska as a Partner. Agnieszka, who joined Borderless six years ago, has 17 years of experience in executive search working with senior leaders across the Life Sciences, Chemical Value Chain and Food & Beverages industries.